Tian Huiyu Explained

Office1:President of China Merchants Bank
Term Start1:8 May 2013
Term End1:18 April 2022
1Blankname1:Party Secretary
1Namedata1:Himself
Successor1:TBA
Tian Huiyu
Native Name:田惠宇
Native Name Lang:zh
Birth Place:Jinzhai County, Anhui, China
Party:Chinese Communist Party (expelled)
Alma Mater:Shanghai University of Finance and Economics
Columbia University

Tian Huiyu (; born December 1965) is a former Chinese economist and banker who served as president of China Merchants Bank between 2013 and 2022. He was investigated by China's top anti-graft agency in April 2022.[1] Tian once served as a secretary for Wang Qishan from 1994 to 1997, while Wang was president of China Construction Bank.[2] [3]

Biography

Tian was born in Jinzhai County, Anhui, in December 1965. After graduating from Shanghai University of Finance and Economics in 1987, he was assigned to China Construction Bank, where he was promoted to president of its Shenzhen Branch in September 2007 and president of its Beijing Branch in March 2011.[4] He also worked at China Cinda Asset Management.[5] He received a master's degree in public administration from Columbia University's School of International and Public Affairs in October 2002.[6] He became party secretary and president of China Merchants Bank on 8 May 2013, and served until 18 April 2022.[4] [7] Tian was also the chairman of Wing Lung Bank in Hong Kong.[8] Under Tian's leadership, China Merchants Bank increased its consumer lending activities and sales of wealth-management products, and its assets more than doubled to the equivalent of $1.46 trillion.[9]

Tian has served on the China Business Initiative Advisory Board of Columbia Business School.[10]

Downfall

On 22 April 2022, he has been placed under investigation for "serious violations of discipline and laws" by the Central Commission for Discipline Inspection (CCDI), the party's internal disciplinary body, and the National Supervisory Commission, the highest anti-corruption agency of China.[11] [12] On October 7, he was expelled from the CCP and dismissed from public office.[13] On 5 February 2024, he was sentenced to death with a two-year reprieve.[14]

References

Notes and References

  1. News: Zhang, Yukun . Ex-President of China Merchants Bank Investigated for Suspected Corruption . 23 April 2022 . caixinglobal . 22 April 2022.
  2. News: Zhu Dan (Chinese: 朱丹). http://finance.ce.cn/rolling/201305/08/t20130508_204771.shtml . zh:田惠宇:曾任王岐山秘书 业内称为人极其低调 . ce.cn . 8 May 2013 . 23 April 2022 . zh.
  3. News: Zhang Pinqiu (Chinese: 张品秋). https://www.chinanews.com.cn/fortune/2013/05-09/4803456.shtml . zh:招行换“马”焉知非福 田惠宇曾任王岐山秘书 . chinanews.com.cn . 9 May 2013 . 23 April 2022 . zh.
  4. News: Jiang Ninglu (Chinese: 蒋柠潞). http://finance.ce.cn/rolling/201305/09/t20130509_204361.shtml . zh:招商银行党委书记:田惠宇 . ce.cn . 9 May 2013 . 23 April 2022 . zh.
  5. News: Leong . Rebecca Feng and Clarence . 2022-04-22 . China's Antigraft Watchdog Probes Former CEO of China Merchants Bank . en-US . Wall Street Journal . 2022-04-23 . 0099-9660.
  6. Web site: SIPA Annual Report 2013-14 by Columbia University School of International and Public Affairs - Issuu . 2022-04-23 . issuu.com . 17 March 2015 . en.
  7. News: Wu, Xiaomeng . Zhang, Yukun . China Merchants Bank President Removed From His Position . 23 April 2022 . caixinglobal . 18 April 2022.
  8. Web site: Olguera . Felipe . The Power List . 2022-04-23 . Gafencu . en-US.
  9. News: Ren . Shuli . April 20, 2022 . The Curious Exit of a Star China Banker . April 22, 2022 . The Washington Post.
  10. Web site: School . Columbia Business . 2016-06-22 . China Business Initiative Advisory Board . 2022-04-23 . The Jerome A. Chazen Institute for Global Business . en.
  11. News: Georgina, Lee . Ex-China Merchants Bank president Tian Huiyu is being investigated by top anti-corruption watchdog for suspected breach of 'party's discipline and law' . 23 April 2022 . South China Morning Post . 22 April 2022.
  12. News: Guan Jing (Chinese: 关婧). http://finance.ce.cn/bank12/scroll/202204/23/t20220423_37522516.shtml . zh:招商银行原行长田惠宇被查,此前未出席董事会 . ce.cn . 23 April 2022 . 23 April 2022 . zh.
  13. News: Wu Xiaomeng (Chinese: 武晓蒙) . https://china.caixin.com/2022-10-08/101948751.html . zh:招行原行长田惠宇被“双开” 案涉“投资理财” . caixin.com . 8 October 2022 . 8 October 2022 . zh.
  14. Web site: Former president of China Merchants Bank given death sentence with reprieve-Xinhua . 2024-02-05 . english.news.cn.